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. and they're not addressing the real problems of america, which are jobs, productivity, education, science research, and withering infrastructure. this is appalling, and the american people should watch whatever's happening with a sense of disgust. >> you feel clearly very strongly. >> yes. >> why do you think we've got to this stage? what could turn it into a more positive narrative? >> i think we are at this place because the role of muddle in politics has overwhelmed, the lobbying process has overwhelmed the sound financial planning for the american people. we have a mess in the health care spending in the out years, which is real. but the costs of providing medical care through pharmaceutical monopolies, insurance monopolies and hospitalization monopolies means american people pays more than double what the rest of the people pay in the world. we're not fixing that. >> diana, is that your assessment of what we witnessed today? >> we are not making real attempts to cut spending, which is the problem. we have $16 trillion in debt. $1 trillion deficit. and what we're talking about today i
, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. gee you are watching cnbc's "squawk on the street," live from the financial capital on the world. the opening bell set to ring on that balcony in a couple minutes there the big board, west virginia university and syracuse university, the football teams playing in the new era pinstripe bowl at yankee stadium this saturday. i know melissa is going p. >> for sure. we are carpooling, right, carl? >> at the nasdaq, iraq and afghanistan, veterans of america, a non-profit organization with more than 200,000 members. great to see them today as well. a lot of charity this morning, even on the general news morning shows about facebook. if you haven't heard already, randi zuckerberg posted a pitch of her family, thought it was private, somebody saw it on their feed, put it on twitter, she responded angrily saying it was way uncool and beyond human decency and it has raised, once again this argument, debate about privacy settings and whether or not you should tru
science. it's just common sense. from td ameritrade. >>> the markets continue to surge higher this morning on news of that fiscal cliff deal. but what should investors do with this rally? let's bring in oppenheimer's chief investment strategist. happy new year, john. >> happy new year. >> history says this day tends to be positive. is today a better indicator of the rest of the year or just a one-day wonder? >> i think it's a better indicator of the rest of the year. we've been positive on equities for quite a while now. and have enjoyed the rally from june 1st through the end of the year basically. at this point, we continue to be positive on equities. we like cyclic -- >> slowdown, higher tax rates among the wealthy who may be the investing class. make the case. >> the case is, an economic recovery that is in progress, that is likely quite sustainable as a result of the fact that most people will not get hit with draconian tax hikes at this point, based on what we saw last night. we've got housing positive, autos positive, manufacturing positive. services positive. monetary policy that r
Search Results 0 to 2 of about 3